The New Jersey Bankers Association recently installed a new slate of officers for its 2024-2025 fiscal year, including Patrick Ryan of First Bank as chair, Craig Montanaro of Kearny Bank as first vice chair and Elizabeth Magennis of ConnectOne Bank as second vice chair.
Ryan said he is eager for the opportunity.
“I’m very excited for the coming year as chair of the New Jersey Bankers Association,” he said. “This is an exciting and challenging time in our industry.
“NJBankers is in a great position to help member banks navigate these turbulent waters. And, more importantly, the association can help drive meaningful change as we move forward. We have an amazing team of leaders at the association. I’m proud to have this opportunity to do my small part to help the industry grow and prosper in the next year and beyond.”
Ryan is the founder, director, CEO and president of First Bank, and is responsible for the strategic direction and overall performance of the company. Since the bank’s inception in 2008, it has grown to 26 locations in New Jersey, Pennsylvania and Florida, with $3.59 billion in assets and 288 employees.
First Bank has been named one of S&P Global Market Intelligence’s Top 100 Best-Performing Community Banks in the nation for record growth and profitability.
Montanaro is the CEO of Kearny Bank. He was appointed to serve on the board of directors of Kearny Financial Corp. and the board of directors of Kearny Bank in 2010. He joined Kearny Bank in 2003 when Kearny acquired West Essex Bank, where he served as chief operating officer. He was appointed CEO of Kearny Financial and Kearny Bank in April 2011.
Magennis is the president of ConnectOne Bank, the bank subsidiary of ConnectOne Bancorp Inc. ConnectOne is a leading commercial bank, with over $9 billion in assets, serving the New Jersey, New York and South Florida markets.
Magennis holds over 30 years of experience in the banking industry. As president of ConnectOne, she is responsible for the growth, function and strategic direction of the bank. She joined ConnectOne Bank in 2006 and has played an integral role in growing the company to a top-performing bank with industry-leading metrics.
Steven Klein, chair and CEO of Northfield Bank, will serve as immediate former chair.
In addition, new members serving on the NJBankers board of directors for the 2024-2025 year include:
- John Borelli, Jr.: CEO, Newfield National Bank;
- Matthew Carcich: CEO, Freedom Bank;
- John DeSclafani: senior vice president/commercial banking leader, Wells Fargo Bank;
- Edward Dietzler: CEO, Bank of Princeton;
- Catherine Franzoni: Chief operating officer, Manasquan Bank;
- Donald Mindiak: CEO, First Commerce Bank;
- Michael Shriner: CEO, BCB Bank.
